Congressional Budget Office Director Phillip Swagel said the current projections are based on the 2017 tax cuts ending. That ...
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
The Congressional Budget Office's most recent report delivered a grim outlook for federal finances, noting that public debt ...
The Congressional Budget Office (CBO) released its January 2025 Budget and Economic Outlook today, projecting that the national debt remains on a ...
From Fiscal Year (FY) 2025 to 2035, nominal spending will grow by 53 percent according to the latest Congressional Budget Office (CBO) baseline. About 83 percent of this increase can be explained by ...
Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.
The US Congressional Budget Office (CBO) projected the federal government's budget deficit will fall to $1.87 trillion in ...
The United States is set to see its debt level swell to a record over the coming decade, the Congressional Budget Office said Friday, days before President-elect Donald Trump takes office.
The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal year 2025. The nonpartisan budget scorekeeper estimated that federal ...
Read about the CBO's projections regarding the country's budget and economy for 2025 and for the 10 years that follow.
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...
The national debt is expected to rise by $23.9 trillion over the next decade, a sum that does not include trillions of ...